Items Tagged with 'holiday gift spending'

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With almost 28 percent unemployment and a lingering recession that's wiped out one-fourth of their country's economic output, it makes sense that Greek consumers plan to trim their Christmas spending by 12.8 percent this year. What's more surprising is that the average Greek budget for holiday gifts, food, and drink is â‚¬451 ($608)"”more than the â‚¬399 average in Germany, the country that has borne much of the cost of a Greek bailout.